The Stranger, the Tears, the Photograph, the Touch (Divine presence in Spain and Europe since 1500): a selection of pictures from this forthcoming book is on display in the Hungarian House of Photography – Mai Manó House until May 24.
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The latest release is Subversive Stages (Theater in pre- and post-communist Hungary, Romania and Bulgaria).

The Last Superpower Summits was presented on April 11 at the Institute for European, Russian, and Eurasian Studies of The George Washington University.

House of a Thousand Floors  is a 2016 INDIES Finalist in the Science Fiction category. 

2017 Spring/Summer Catalog is available for download.

Roma-Gypsy Presence in the Polish-Lithuanian Commonwealth, 15th-18th Centuries by Lech Mróz received honorable mention for the Kulczycki Book Prize in Polish Studies.

Top five CEU Press titles by number of copies sold in 2016:
With Their Backs to the Mountains
How They Lived
Post-Communist Mafia State
Arguing it Out
Hybrid Renaissance

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With Their Backs to the Mountains
How They Lived
Art Beyond Borders
Nationalizing Empires
Holocaust in Hungary





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Enterprise Exit Processes in Transition Economies
Downsizing, Workouts, and Liquidation

Edited by Leszek Balcerowicz, Deputy Prime Minister and Minister of Finance, Poland, Cheryl W. Gray, World Bank, and Iraj Hoshi, StaffordshireUniversity

"This book discusses exit processes (industrial downsizing, bankruptcies, reorganization and liquidations) in three leading transition economies of Central Europe: the Czech Republic, Hungary and Poland. The reason for the economic transition was that the socialist economies were almost bankrupt by 1989 and in desperate need of restructuring. This book analyses the micro dimensions of this process, where industrial firms cease to exist, releasing assets and resources that may be used more efficiently elsewhere."
- Slavonic and East European Review

The rebirth of competition and the extensive 'exit' that has resulted are among the most important developments in Central Europe since the demise of communism. This book examines why, how, and to what extent enterprises have reduced in size or left the market altogether during the first years of the transition from socialism to capitalism in the Czech Republic, Hungary, and Poland.

 

Contents

Part 1: Introduction Part 2: Bankruptcy, reorganization and liquidation in mature market economies Part 3: Macroeconomic shocks and policy responses during transition Part 4: Downsizing as an exit mechanism Part 5: Bankruptcy and owner-led liquidation in the Czech Republic Part 6: Hungary's bankruptcy experience 1992-93 Part 7: Classical exit processes in Poland Part 8: Poland's bank-led conciliation Part 9: Why does exit matter

1998
307 pages
ISBN 978-963-9116-07-8 cloth $49.95 / 31.00
ISBN 978-963-9116-16-0 paperback $16.95 / 10.95

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